<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Income Tax Act Section 263 Revision: AO&#039;s Oversight on Interest Expense Bifurcation Sparks Justified Action.</title>
    <link>https://www.taxtmi.com/highlights?id=50986</link>
    <description>Revision u/s 263 - Claim of interest - bifurcation of the interest expense between pre and post business commencement period - AO did not examine the issue in the manner in which it was expected from him in this regard and, therefore, the impugned action u/s 263 of the Act is entirely justified.</description>
    <language>en-us</language>
    <pubDate>Wed, 01 Jan 2020 17:57:10 +0530</pubDate>
    <lastBuildDate>Wed, 01 Jan 2020 17:57:10 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=599030" rel="self" type="application/rss+xml"/>
    <item>
      <title>Income Tax Act Section 263 Revision: AO&#039;s Oversight on Interest Expense Bifurcation Sparks Justified Action.</title>
      <link>https://www.taxtmi.com/highlights?id=50986</link>
      <description>Revision u/s 263 - Claim of interest - bifurcation of the interest expense between pre and post business commencement period - AO did not examine the issue in the manner in which it was expected from him in this regard and, therefore, the impugned action u/s 263 of the Act is entirely justified.</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Wed, 01 Jan 2020 17:57:10 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=50986</guid>
    </item>
  </channel>
</rss>